- Gotion’s net income for the third quarter has decreased by -2.82%.
- The net income for this period is 83.1 million yuan.
- The company’s revenue stands at 6.5 billion yuan, which is lower than the estimated 10.07 billion yuan based on 2 estimates.
- The Earnings Per Share (EPS) for this quarter is 4.660 RMB cents.
- For the first nine months of the year, the net income is 292.2 million yuan.
- There have been 17 buy recommendations, 4 hold recommendations, and 2 sell recommendations for Gotion’s stock.
A look at Gotion High-tech Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Gotion High-tech Co.,Ltd has received a Smartkarma Smart Score of 4 for value, 1 for dividend, 5 for growth, 2 for resilience, and 2 for momentum. The company, which researches, develops, manufactures, and markets lithium batteries, is expected to have a strong growth outlook. Gotion High-tech’s products are used in electric commercial vehicles, passenger cars, power stations, and other fields.
The Smartkarma Smart Score indicates that investors should be cautiously optimistic about Gotion High-tech’s long-term outlook. While the company has a strong growth score and a favorable value score, it lags behind in dividend, resilience, and momentum. Still, Gotion High-tech’s products have a strong presence in the market, and the company’s prospects for the long-term remain solid.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
